Question

The list price of a frock is $220$. A discount of $20$% on sales is announced. What is the amount of discount on it and its selling price?

Answer 1

List (Marked) Price of the frock $=$ $220$, Rate of discount $=20$%
Amount of discount $=\frac{20}{100}\times 220$
$=$ $44$
$\therefore$ Selling Price of the frock $=$ Marked Price $-$ Discount
$=220-44$
$=$ $176$.